Alamosa, Colorado Property Taxes
The median property tax rate in Alamosa, CO is 0.41%, considerably lower than both the national median of 0.99% and the Colorado state median of 0.55%. With the median home value in Alamosa at $193,880, the typical annual property tax bill reaches $715, significantly below the national median of $2,690. Property taxes in Alamosa are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Alamosa's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Alamosa or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Alamosa, Colorado Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.41%
Estimate Property Tax Bill
$795
Ownwell’s Alamosa Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Alamosa with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Alamosa to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Alamosa, Colorado
Property taxes in Alamosa, Colorado, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Alamosa is 0.41%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Alamosa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Alamosa estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Alamosa's effective property tax rate to other counties in Colorado and the national median. For comparison, the 81101 zip code has the highest median property tax rate of 0.41%, while the same zip code also has the lowest median tax rate of 0.41%. Understanding how these cities compare with Alamosa provides valuable insights into the varying tax landscape across Alamosa County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Alamosa Tax Rate
0.41%
Average Alamosa County Tax Rate
0.41%
Average Colorado Tax Rate
0.55%
Average United States Tax Rate
0.99%
Property Tax Rates Across Alamosa, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81101 | 0.23% | 0.36% | 0.41% | 0.44% | 0.55% |
Source: Ownwell
Property Tax Assessment Values Across Alamosa, Colorado
In Alamosa, Colorado, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Alamosa County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Alamosa, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Alamosa helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Alamosa are both $715, found in the 81101 zip code.
Average Alamosa Assessed Value
$193,880
Average Alamosa County Assessed Value
$189,361
Average Colorado Assessed Value
$405,540
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Alamosa, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81101 | $9,731 | $100,960 | $193,880 | $279,742 | $380,855 |
Source: Ownwell
Property Tax Bills Across Alamosa, Colorado
In Alamosa, CO, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in Alamosa stands at $193,880. Homeowners in this region can expect property tax bills that vary significantly, with the 25th percentile at $334 and the 75th percentile at $1,065. The highest median tax bill in the area is $715, found in zip code 81101, which is also the lowest median tax bill, highlighting a consistent tax rate across the city. Several factors influence the tax bill, including the property's assessed value, local tax rates, and any applicable exemptions. These tax bills can have a significant impact on homeowners, affecting their overall cost of living and financial planning. Compared to the national median property tax rate of 0.99%, Alamosa's property taxes can be considered moderate, providing a balanced approach to funding essential public services without overly burdening homeowners.
Average Alamosa Tax Bill
$715
Average Alamosa County Tax Bill
$694
Average Colorado Tax Bill
$2,283
Average United States Tax Bill
$2,690
Property Tax Bills Across Alamosa, Colorado
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 81101 | $48 | $334 | $715 | $1,065 | $1,516 |
Source: Ownwell